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Nov 28, 2012
11/12
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. > based on what happened on small business saturday, how are entreprenuers feeling about the economy as we close out the year? > > small business saturday was fantastic. it's great to be local - it's good to buy local, it's good to sell local - so that was all great. what we know right now is that business owners tell us they are actually feeling better about cashflow than they were this time last year, and that is the oxygen in a small company, so i think it is a great sign. > will small business owners be passing that along to their employees? for instance, awarding bonuses? > > that is true. it is a bit of an up, up and away situation right now, with the holidays and small business owners. they are planning on giving bonuses this year in greater numbers than last year. one in four small business owners tell us they will in fact give bonuses this year. that's great news. > how about holiday office parties? i know my office never misses a holiday party, ever. we are grateful. > > everyone loves a party, and the holidays are a fantastic time for small business owners to thank their e
. > based on what happened on small business saturday, how are entreprenuers feeling about the economy as we close out the year? > > small business saturday was fantastic. it's great to be local - it's good to buy local, it's good to sell local - so that was all great. what we know right now is that business owners tell us they are actually feeling better about cashflow than they were this time last year, and that is the oxygen in a small company, so i think it is a great sign. >...
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Nov 28, 2012
11/12
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having to get deeper into that whole would not be good for the economy. liz: thank you for joining us rea.we like our governors of evy state. he is an independent. if so many defense jobs. our governors on the edge week. utah governor in another fox business exclusive. they have a very low unemployment rate unlike rhode island, but he says it will be impacted if d.c. cannot reach an greement. the closing bell ringing in about 47 minutes. would you do business in a dangerous area if you thought the risk might bring huge rewards? libya wants business in a huge way. we're not just talking about oil rigs and pipelines, but also massive infrastructure projects, roads, schools, you name it. part of the royal libyan family. he is back in his job is to sell libya on u.s. companies. find out what he thinks there is a big payoff for american businnss. a fox business exclusive. having you ship my gifts couldn't beasier. well, having a t olocations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male
having to get deeper into that whole would not be good for the economy. liz: thank you for joining us rea.we like our governors of evy state. he is an independent. if so many defense jobs. our governors on the edge week. utah governor in another fox business exclusive. they have a very low unemployment rate unlike rhode island, but he says it will be impacted if d.c. cannot reach an greement. the closing bell ringing in about 47 minutes. would you do business in a dangerous area if you thought...
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Dec 6, 2012
12/12
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FOXNEWSW
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if they bring a deal that is too drastic of a stop it is not going to be good for the economy either. >> the bottom line is they are going through hoops to avoid what is core problematic for their respective party dna. the republicans don't want to raise rates. so they will go through all sorts of hoops to essentially get as much if not more revenue and effectively screwing the red chief and more. they don't wnt to address entitlement spending and even slowing the growth. it would be equated with throwing granny off the cliff. and there in lies the casm. we have to close it. >> we do have to close it. if you are looking at all of these programs, are they even going to reduce the deficit? if they have the combined affect of slowing down the economy, the deficit reduction doesn't take place. they have to be more pro active and they have to get aggressive. but none of these guys understand economics. you are talking about a bunch of lawyers. you are talking about a bunch of people that study political science. you don't have anybody in congress that understands economic and they are foll
if they bring a deal that is too drastic of a stop it is not going to be good for the economy either. >> the bottom line is they are going through hoops to avoid what is core problematic for their respective party dna. the republicans don't want to raise rates. so they will go through all sorts of hoops to essentially get as much if not more revenue and effectively screwing the red chief and more. they don't wnt to address entitlement spending and even slowing the growth. it would be...
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just can't seem to get the economy going. lots of efforts and a ton of help from the state of chicken. why can't you get this back on track? >> like every urban area in the country, we are suffering in the foreclosure. we live and die by property taxes and sales taxes and they are all coming in shorter than anticipated. basically because the property values in detroit. it is starting to pick up in michigan. we just need a little bit more time in order to get our financial house in order. in order to grow our economy. gerri: i have heard that before. we need more time to get our fiscal house in order. wouldn't it make more sense? i know that you are probably playing all kinds of different groups. all kinds of different political groups who want to have their voice heard. wouldn't it make more sense to come in and have the state on this thing -- the thing that we will fix this thing and get it done. >> unfortunately, they can't unilaterally change them. so the financial emergency manager coming into detroit, setting us back a y
just can't seem to get the economy going. lots of efforts and a ton of help from the state of chicken. why can't you get this back on track? >> like every urban area in the country, we are suffering in the foreclosure. we live and die by property taxes and sales taxes and they are all coming in shorter than anticipated. basically because the property values in detroit. it is starting to pick up in michigan. we just need a little bit more time in order to get our financial house in order....
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Nov 29, 2012
11/12
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CNBC
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. >> in terms of the economy, are you worried about 2013? a lot of talk about recession, particularly if we were to go off the fiscal cliff. what's your take on economic landscape in the next year? >> i think there are mixed signs out there. there is great apprehension in small business and in business at large with the prospects of tax increases or dramatic spending cuts that might trigger triggered. i think there's great anxiety. when there's anxiety, people generally don't spend money. the concern is well founded. >> and my thanks to john wattson. >>> political posturing on the fiscal cliff from leading republicans and democrats alike. >> i remain hopeful that productive conversations can be had in the days ahead. but the white house has to get serious. >> we have made our proposal. let them come forward with something. >> find out what senate majority leader harry reid's nevada constituents are saying about his performance. >>> also, is it time for the u.s. to join the ranks and put $1 billis to rest in favor of a $1 coin? believe it or
. >> in terms of the economy, are you worried about 2013? a lot of talk about recession, particularly if we were to go off the fiscal cliff. what's your take on economic landscape in the next year? >> i think there are mixed signs out there. there is great apprehension in small business and in business at large with the prospects of tax increases or dramatic spending cuts that might trigger triggered. i think there's great anxiety. when there's anxiety, people generally don't spend...
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Dec 4, 2012
12/12
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CNBC
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economy. >> more in 2012 than they otherwise would have gotten. >> absolutely. >> maybe after the first of the year with all these folk, see more spending on luxury items as well. people probably spend some. >> we hope so. >> sue, thanks. >>> guys, we are watching shares of facebook today the social media giant unveiling a new tweak to its instant messaging app. facebook up just about 2%. you don't even have to be a member to use this new app and julie boorstin is in los angeles with the three things you need to know this deal. hi, julia. >> hi, sue. well, facebook is continuing its big push to make money on mobile users by offering its messenger app to billions of people around the world with phones and no longer limiting that app to facebook users. here's the deal. first, mobile messenger is a free app for texting, group chat and photo sharing with no per-text fees. just carrier's regular data costs. doesn't yet yield direct revenues to facebook but it is serving as a gateway to join the soc
economy. >> more in 2012 than they otherwise would have gotten. >> absolutely. >> maybe after the first of the year with all these folk, see more spending on luxury items as well. people probably spend some. >> we hope so. >> sue, thanks. >>> guys, we are watching shares of facebook today the social media giant unveiling a new tweak to its instant messaging app. facebook up just about 2%. you don't even have to be a member to use this new app and julie...
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Dec 4, 2012
12/12
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i think there are ramifications for the whole british economy. we've had an amazing year as well. we've had the jubilee and the olympics and now we're going to have a royal baby. now is the name game. hot money is on elizabeth. the problem is i'm not sure what it will be if it's a boy. >> okay. >> king steve. >> "way too early" is the name of the show. it's also the concept for the story. thank you very much. as always, let us know why you're awake. >> i think steve will be a great name. >> let's not talk about it until she's ready. shoot us an e-mail or tweet us and let us know why you're awake this early. we'll read the best responses later in the show. still ahead on "way too early," the nfc east just got interesting. rg-3 and the redskins pull off a close win against their rivals, the new york giants. full highlights next in sports. >>> plus, jon stewart is fed up with gridlock in washington. we'll show you his hilarious take on filibuster rules. >>> and we'll check the weather because we have to. it's part of his contract. i'm done! "are you a cool mom?" i'm gonna find out. [
i think there are ramifications for the whole british economy. we've had an amazing year as well. we've had the jubilee and the olympics and now we're going to have a royal baby. now is the name game. hot money is on elizabeth. the problem is i'm not sure what it will be if it's a boy. >> okay. >> king steve. >> "way too early" is the name of the show. it's also the concept for the story. thank you very much. as always, let us know why you're awake. >> i think...
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Nov 28, 2012
11/12
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CNBC
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the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know, i would not make a call here on the economy, scott, to say go ahead and invest in the economy. after the fiscal cliff everything is fine. i think there's a reason for cautious optimism, but i don't think there's a reason to think it's going to go gang busters. >> we saw harry reid speak yesterday. the market moves when we see different comments out of washington. we saw it again today on this perception that was actually positive commentary. our bar has gotten pretty low. we see stocks move around a lot. what about interest rates? are they responding as much? >> well, perfect
the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know, i would not make a call here on the economy, scott, to say go...
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Nov 28, 2012
11/12
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but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to while you are campaigning the last 3 months. have you known about this fiscal cliff for a year and-a-half. now the president's going out, friday, to do, as you say, campaigning. the press secretary says there will be a meeting between the leaders at the appropriate time. that seems like it's right now. >> it does. to me, what you are seeing with the president and the democrats, is sort of an attempt to run out the clock. i think they think they gain leverage if the pressure builds. you are hearing a lot of prominent democrats saying, we should go over the fiscal cliff and let the taxes go up, which would be a huge mis
but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to...
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Nov 29, 2012
11/12
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FBC
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if they resolve the fiscal cliff and the economy remains growing, although kind of sluggish -- here is another scenario, we have a loss of revenue from growth money. we are in a situation where we will prepare for the best, hope for the best, but anticipate a negative growth in the economy. liz: there is actually what we are calling the twinkie of fact. it is a negative bidder twinkie affect. there is a hostess plant where you live. how many jobs will that drop-off, as far as employment is concerned? >> a few hundred. clearly, any kind of negative constriction of the marketplace impacts us. even if it is a negative state. clearly, here at home, the good news for us is we are going at a 3.5% rate now economically. we are creating jobs. we have a healthy economy and a great quality of life which is attracting people and businesses to utah. we do not have control over what happens in washington, d.c. we are being very cautious as we go forward waiting to see resolution, out of washington, d.c. liz: i saw a quote of something you said. i thought it was perfect for washington. compromise sh
if they resolve the fiscal cliff and the economy remains growing, although kind of sluggish -- here is another scenario, we have a loss of revenue from growth money. we are in a situation where we will prepare for the best, hope for the best, but anticipate a negative growth in the economy. liz: there is actually what we are calling the twinkie of fact. it is a negative bidder twinkie affect. there is a hostess plant where you live. how many jobs will that drop-off, as far as employment is...
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Nov 29, 2012
11/12
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>> that will have a negative impact on the california economy and on the u.s. economy. so ron is right. there are parts of the u.s. economy are certainly improving, but there are other parts that have not yet felt a vice that's squeezing on them. >> all right. we got to go. the bell is going to ring shortly, i feel like. we got to go. thank you, everybody. appreciate it. we are heading toward the close and, really, the market is where it was before all the rhetoric came out on the cliff. the dow up 32 points right how it. >> we've heard some democrats made maye be willing to dive off that fiscal cliff. our next guest certainly is not following suit. find out what cuts he's willing to make. >>> another potential cost saver could be ditching the paper dollar in favor of a dollar coin. congress is considering it. could our debt literally kill the dollar bill? we'll talk about that. >>> and later on, i'll be talking exclusively to two of the nation's top ceo on how the fiscal cliff will impact their businesses. that's later on in "the closing bell." stay with us. back in a
>> that will have a negative impact on the california economy and on the u.s. economy. so ron is right. there are parts of the u.s. economy are certainly improving, but there are other parts that have not yet felt a vice that's squeezing on them. >> all right. we got to go. the bell is going to ring shortly, i feel like. we got to go. thank you, everybody. appreciate it. we are heading toward the close and, really, the market is where it was before all the rhetoric came out on the...
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that i'm not sympathetic with for that reason but then it's a larger point this is a vast and complex economy these are highly productive workers you can see the cranes you can see the containers we can afford small blocks of inefficiency because it makes americans more earn more money they live a better life but this is an argument for having a high tech highly productive country not a country based on low skill labor as we have now with immigration policy on low skilled labor based on the terrible schools and we can manage a broad based terrible education reva bhalla see that moves all of that is that for so many of. the maybe don't fix to the question of international trade we can modify a fix we just says you know this is george bush said you know we don't need no strings a.b.m. treaty the president can say we don't need no stinking trade treaty yes he could and that would cost enormous numbers of jobs in certain sectors no. millions of jobs and it would create millions of jobs however we would also and up driving up prices we would be we would have more jobs but we would all be poorer th
that i'm not sympathetic with for that reason but then it's a larger point this is a vast and complex economy these are highly productive workers you can see the cranes you can see the containers we can afford small blocks of inefficiency because it makes americans more earn more money they live a better life but this is an argument for having a high tech highly productive country not a country based on low skill labor as we have now with immigration policy on low skilled labor based on the...
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Nov 30, 2012
11/12
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our company has figured out how to survive in this economy and how to be successful in this economy. the first thing we'll want to do with any income that i have is tax it? that's uncertainty. >> kristen welker is at the white house. critics said the president wasn't pushing a bald deal focusing more on taxes than spending. now the white house is out with its formal debt proposal which mitch mcconnell says he laughed at when tim geithner showed to him. what's so funny? >> reporter: to put the plan into context, first of all, this is the president's opening bid. and essentially comes after he's feeling emboldened by his re-election knowing there's not a whole lot in here that republicans will like off the bat. so just to take a look he it specifics, $1.6 trillion in new taxes, $400 billion in entitlement cuts. $50 billion in new stimulus. and then a proposal to end congress' control of the debt limit. republicans on the hill are essentially calling this plan a nonstarter. house speaker john boehner saying this is not serious. cantor echoing those remarks. they say they want to see few
our company has figured out how to survive in this economy and how to be successful in this economy. the first thing we'll want to do with any income that i have is tax it? that's uncertainty. >> kristen welker is at the white house. critics said the president wasn't pushing a bald deal focusing more on taxes than spending. now the white house is out with its formal debt proposal which mitch mcconnell says he laughed at when tim geithner showed to him. what's so funny? >> reporter:...
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Nov 28, 2012
11/12
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he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. >>> thanks for staying with "the ed show" tonight. the story goes to the heart of what we deserve. if we elect someone to the senate, we expect them to do what? get something done. unfortunately the republicans have been using the filibuster to block legislation. now the democrats want to change the rules to keep the next group of republicans from doing the same thing. we'll talk about those changes in a moment. first republicans have used the filibuster and really used it as well. it's normally a great tool for the minority to have a voice. it can slow down a discussion of a bill. it allows the minority to make changes before a vote. filibuster can also kill a bill, even if the majority of senators want to pass it. now over the last four years, the republicans have been using the filibuster as really a political weapon to cripple the senate and movement at all. here's a comparison. lyndon johnson served as senate majority leader for the
he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. >>> thanks for staying with "the ed show" tonight. the story goes to the heart of what we deserve. if we elect someone to the senate, we expect them to do what? get something done. unfortunately the republicans have been using the filibuster to block legislation. now the democrats want to change the rules to keep...
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Nov 30, 2012
11/12
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i want to stimulate the economy. this adds a new dimension to it. he gave his back of the hand to boehner's -- for the debt -- this is a rejuvenated president adding things to the table, not taking them off. >> it is pretty amazing. adding stimulus to the table means exactly what you just said eliot. it means emphasizing jobs and growth instead of deficit reduction. that's something that's going to make liberals in washington extremely happy and the whole package including this debt ceiling, getting rid of congress's authority over the debt ceiling is something -- it is just politically strong. it is going to make his voters feel emboldened. they're going to give them something to rally around instead of a discussion on numbers and how much are we going to give to entitlements. he said to his base and to his voters who just re-elected him by a reasonably handy margin, we've got something to fight for here. >> eliot: i don't want to go off on the conversation exclusively about the debt ceiling but he's right about saying to congress you pass the spen
i want to stimulate the economy. this adds a new dimension to it. he gave his back of the hand to boehner's -- for the debt -- this is a rejuvenated president adding things to the table, not taking them off. >> it is pretty amazing. adding stimulus to the table means exactly what you just said eliot. it means emphasizing jobs and growth instead of deficit reduction. that's something that's going to make liberals in washington extremely happy and the whole package including this debt...
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Nov 28, 2012
11/12
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but if your number one priority is jobs and the economy, you don't grow the economy and create jobs by raising taxes on small businesses, the very people who create those jobs. >> greta: white house press secretary today jay carney when asked when the next meeting with congressional members would be, the answer was, quote, it would come at the appropriate time. >> nobody knows what that means. >> greta: that's my point. look, all of you have had a vacation, campaigning, doing that for the last three months. you've been about this fiscal cliff for a year and a half. now the president is going out to do, as you say, campaigning. the press secretary says there will be a meeting between leaders at the appropriate time. the appropriate time seems like pretty much right now. >> well, it is. what you're seeing by the president and democrats is an attempt to run out the clock. i think they think they gain leverage if the pressure builds toward the end of the year. frankly you're hearing a lot of prominent democrats saying we should go over the fiscal cliff and let taxes go up, which would be a
but if your number one priority is jobs and the economy, you don't grow the economy and create jobs by raising taxes on small businesses, the very people who create those jobs. >> greta: white house press secretary today jay carney when asked when the next meeting with congressional members would be, the answer was, quote, it would come at the appropriate time. >> nobody knows what that means. >> greta: that's my point. look, all of you have had a vacation, campaigning, doing...
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Nov 28, 2012
11/12
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he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. [ emily jo ] derrell comes into starbucks with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love you, too. >>> thanks for staying with "the ed show" tonight. the story goes to the heart of what we deserve. if we elect someone to the senate, we expect them to do what? get something done. unfortunately the republicans have been using the filibuster to block legislation. now the democrats want to change the rules to keep the next group of republicans from doing the same thing. we'll talk about those changes in a moment. first republicans have used the filibuster and really used it as well. it's norm
he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. [ emily jo ] derrell comes into starbucks with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to...
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Nov 28, 2012
11/12
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MSNBCW
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he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a button. flexpen® is insulin delivery... my way. levemir® (insulin detemir [rdna origin] injection) is a long-acting insulin used to control high blood sugar in adults and children with diabetes and is not recommended to treat diabetic ketoacidosis. do not use levemir® if you are allergic to any of its ingredients. the most common side effect is low blood sugar, which may cause symptoms such as sweating, shakiness, confusion, and headache. severe low blood sugar can be serious and life threatening. ask your healthcare provider about alcohol use, operating machinery, or driving. other possible side effects incl
he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a...
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Dec 5, 2012
12/12
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CURRENT
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with a few verbal jabs of his own saying, quote, if the president really wants to avoid sending the economy over the fiscal cliff he has done nothing to demonstrate it. but even as the democrats pound him from the left, he is taking punches from the right. the leader of the right's rebellion is, of course, grover norquist. he said the president has installed himself at loyalty, and boehner is not being sufficiently revolutionary. >> he thinks someone made him king. he doesn't have the mandate that he thinks he does. i think he takes us over the cliff because he has got blinders on. he doesn't see where he stands in the universe. >> jennifer: or where he stands? where the president stands? he's leader of the free world for goodness sakes. but back to the tea party senator jim demint, who was riding first class on the tea party express, he tweeted that boehner's propose is an $800 billion tax hike that will destroy jobs and allow politicians to spend even more. not so fast, demint. there is yet another front in this revolution. conservative columnist jennifer ruben dismissed demint's rhetoric
with a few verbal jabs of his own saying, quote, if the president really wants to avoid sending the economy over the fiscal cliff he has done nothing to demonstrate it. but even as the democrats pound him from the left, he is taking punches from the right. the leader of the right's rebellion is, of course, grover norquist. he said the president has installed himself at loyalty, and boehner is not being sufficiently revolutionary. >> he thinks someone made him king. he doesn't have the...
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Nov 29, 2012
11/12
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lou: he did gain control of let's sixth of the economy with the obamacare committed to? i mean, he did pass some subset of regulation of our financial industry in this country. you're not exactly easg concerns, hearts are worried about what the republicans are going to be able to do. by te way, i want to make it very clear. a personho supports entirely the idea of low taxes and maintaining that posture and certainly ing so energetically if there is no quid pro quo, significant order in spending. but what in the world by these folks to do on capitol hill? >> here is my argument. the first thing the republicans need to do is insist that the negotiations be in front of c-span so that the american people can see what obama is and is not doing until that happens, obaa can keep misrepresenting what is going on. second, they need to say %-to be on line for even dayseds said that the american people can read it. we have those two things, the chances of being completely jammed is a greatly educed, not down to zero, but let's get c-span cameras there. lou: i think your condition w
lou: he did gain control of let's sixth of the economy with the obamacare committed to? i mean, he did pass some subset of regulation of our financial industry in this country. you're not exactly easg concerns, hearts are worried about what the republicans are going to be able to do. by te way, i want to make it very clear. a personho supports entirely the idea of low taxes and maintaining that posture and certainly ing so energetically if there is no quid pro quo, significant order in...
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Dec 5, 2012
12/12
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a lot of positive figures out there in the economy. does a second term present a great opportunity for him to follow through on wall street reform? because there are some in the community that think he was a disappointment in that regard. >> first of all about the economy, my state right after the auto rescue, my state's unemployment rate was 10.6%. now it's down to 6.9%. that's because of a lot of things. partly trade enforcement that you've talked about. and partly the auto rescue. all those things together. i think the president knows that we need to continue to make sure the regulations are strong. part of that is done by his administration and part of it is by congress. we know he will work with senator merkley, senator schumer, people who have been involved on these issues. and i'm optimistic we move forward. >> thank you for joining us tonight. >>> coming up, senator mitch mcconnell rails against reform, but john mccain doesn't agree. michigan senator debbie stabenow on filibuster reform. >>> later senator john kerry delivers an
a lot of positive figures out there in the economy. does a second term present a great opportunity for him to follow through on wall street reform? because there are some in the community that think he was a disappointment in that regard. >> first of all about the economy, my state right after the auto rescue, my state's unemployment rate was 10.6%. now it's down to 6.9%. that's because of a lot of things. partly trade enforcement that you've talked about. and partly the auto rescue. all...
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Nov 28, 2012
11/12
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that kind of agreement would be good for our businesses, good for our economy, it would be good for our children's future. i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. but the place where we already have, in theory at least, complete agreement right now, is on middle-class taxes. as i've said before, we have two choices. if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next year, starting january 1st, every family in america will see their taxes go up. are a typical middle-class family of four would so its income taxes go up by $2200. $2200 out of people's pockets. that means less money for buying groceries, less money for filling prescriptions, less money for buying diapers. it means a tougher choice between paying the rent and paying tuition and middle-class families can't afford that. by the way, businesses can't afford it, either. yesterday i sat down with small business owners who stressed this point, that economists predic
that kind of agreement would be good for our businesses, good for our economy, it would be good for our children's future. i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. but the place where we already have, in theory at least, complete agreement right now, is on middle-class taxes. as i've said before, we have two choices. if congress does nothing, every family in america will see their taxes...
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Dec 6, 2012
12/12
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MSNBC
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our economy is a lot better. we can still go a long way. i just don't believe that there is the makeup of a great deal, because you can't trust anything any of these folks say. this is one of the reasons why i believe, tom, that the republicans haven't detailed out exactly what deductions are we talking about, what loopholes are they talking about. they won't come clean with the american people on this. it's all in these vague generalities. now, president obama is not interested in taking negotiations further until republicans put a rate increase on the table. and this is where boehner is running into trouble. do you think they'll eventually put a rate increase on the table? >> they're either going to do that or take us into a very dangerous fiscal situation over the cliff. this is a loosy in the football situation and the president says, i'm not going to kick again until you show me some serious commitment. and keep in mind, this is the republican leadership that supported the $718 billion of savings in medicare that was part of the health
our economy is a lot better. we can still go a long way. i just don't believe that there is the makeup of a great deal, because you can't trust anything any of these folks say. this is one of the reasons why i believe, tom, that the republicans haven't detailed out exactly what deductions are we talking about, what loopholes are they talking about. they won't come clean with the american people on this. it's all in these vague generalities. now, president obama is not interested in taking...
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Nov 28, 2012
11/12
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we have to do what will allow them to grow the economy. to hire more people. >> eric: online for this -- >> brian: leave it there. >> eric: coming up. >> eric: face to face with the critic over the bungling of benghazi. we'll tell you what went down on capitol hill. it wasn't pretty. that is next on "the five." ♪ ♪ ♪ >> brian: thanks to greg gutfeld for the lights on his book tour. he didn't want two it. came out great. meeting that white house hoped would smooth susan rice's nomination, but the republican lawmakers set a stage for showdown over the ambassador comments following the benghazi attack. senator john mccain, lindsey graham, kelly ayotte of new hampshire met privately with her today. it did not go well. listen. >> bottom line, i'm more disturbed now than i was before. information given the american people was wrong. ambassador rice said it was wrong and to be clear, if you are an ambassador to the united nations you go well beyond the unclassified talking points in the daily preparation for that job. >> we are significantl
we have to do what will allow them to grow the economy. to hire more people. >> eric: online for this -- >> brian: leave it there. >> eric: coming up. >> eric: face to face with the critic over the bungling of benghazi. we'll tell you what went down on capitol hill. it wasn't pretty. that is next on "the five." ♪ ♪ ♪ >> brian: thanks to greg gutfeld for the lights on his book tour. he didn't want two it. came out great. meeting that white house...
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Nov 30, 2012
11/12
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again, the economy is doing a little better. the unemployment numbers have been a little better, but what's the impact? >> 2 million people -- >> 2 million would lose. >> -- would lose income. here's the thing. there's a lot of talk of these people are looking or not looking for jobs, they're just taking this check. that's not the case. there's only one job for every three folks looking for a job. so there literally is not a job available for two of those people. so they have this income, unemployment insurance which keeps them in the economy, a functioning part of the economy, so they can spend the money. so the economic policy institute went ahead and extrapolated. if you were to keep this $30 billion cost of extended unemployment insurance, actually, that will pump another $15 billion to $18 billion into the economy because these folks are spending money. and that's what fuels our economy. >> some of the people who argue that we should go off the fiscal cliff, that it will push them to negotiate a sort of more thoughtful deal
again, the economy is doing a little better. the unemployment numbers have been a little better, but what's the impact? >> 2 million people -- >> 2 million would lose. >> -- would lose income. here's the thing. there's a lot of talk of these people are looking or not looking for jobs, they're just taking this check. that's not the case. there's only one job for every three folks looking for a job. so there literally is not a job available for two of those people. so they have...
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Dec 1, 2012
12/12
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>> this is the new economy. factory jobs weren't good jobs either. the reason they became the middle class jobs we know because people organized. >> what's the next move? >> it's a movement. they are not giving up. they are going to keep working and i spoke to johnathan weston and they are hoping that more workers got energized by seeing this happen and by seeing everybody go back in today and not face reprize sal. >> so the next phase is what? >> i'm hoping for more strikes, ed. >> you're hoping for more strikes? >> yeah. >> did the 98% have anything to do with this? >> it crystallized something already going on in this country that people knew about where the wealth was going. they knew we have seen it go to the people at the top and the people at the bottom were getting squeezed. productivity has gone up, they are working harder and longer. >> there's been no organized union that has gone nd
>> this is the new economy. factory jobs weren't good jobs either. the reason they became the middle class jobs we know because people organized. >> what's the next move? >> it's a movement. they are not giving up. they are going to keep working and i spoke to johnathan weston and they are hoping that more workers got energized by seeing this happen and by seeing everybody go back in today and not face reprize sal. >> so the next phase is what? >> i'm hoping for...
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Nov 28, 2012
11/12
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economy and the u.s. consumer and i look at how much debt overhang is out there i don't know where you grow if you lead the private dimension out there where it is today. >> there's a lot to that but obviously we are trying to get transparency on the balance sheets, we have done the dodd-frank, hardly finished, that takes care of the financial plummet, making sure it does not fall apart. [talking over each other] >> fundamentally corrupt. things haven't been there. the bigger problem is the flip side. they match that. now we realize people don't save. that is central for along time. that is the thing we never fixed and that is driving of affect we have financial problems and the fact we have big problems, return to financial messes going up worldwide for cost of labor everywhere, americans don't have anything to take advantage of. equally wide. we will fight a land war in asia over tax issues we will never fix the inequality problem if we don't get ahead. >> steve? >> there are a lot of issues we need to
economy and the u.s. consumer and i look at how much debt overhang is out there i don't know where you grow if you lead the private dimension out there where it is today. >> there's a lot to that but obviously we are trying to get transparency on the balance sheets, we have done the dodd-frank, hardly finished, that takes care of the financial plummet, making sure it does not fall apart. [talking over each other] >> fundamentally corrupt. things haven't been there. the bigger...
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Nov 29, 2012
11/12
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FOXNEWSW
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this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i understand it, i understand the broad principles, but i don't have the nuts and bolts of it. and i hear the president say he's ready, willing and excited to have bipartisanship, but i don't know what his plan is either. >> again, his budgets, four budgets, yet to propose a solution to save social security or medicare. can't even get democrats or house senators to vote for his plan. we haven't seen his plan. that's a real tragedy. the president, it's incumbent on him. he won, time for him to govern, show the american people his balanced plan. he talked about it all the time. we know where he wants to increase revenue. he
this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i...
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Nov 28, 2012
11/12
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if we get this wrong, the economy will go south. it will be much more difficult for us to balance our budget and deal with our deficits because if the economy is not strong, that means more money is going out and things like unemployment insurance and less money is coming in. it makes our deficit worse. we really need to get this right. i can only do it with the help of the american people. tweet my 2k or e-mail, post it on a member of congress' facebook wall. do what it takes to communicate a sense of urgency. we do not have a lot of time here. we have a few weeks to get this done. we could get it done tomorrow. optimistically, i do not think we will get it done tomorrow. [ laughter ] i tell you, if everyone here goes out of their way to make their voices heard and spread the word to your friends and family, coworkers and neighbors, i am confident that we will get it done. we will get america on the right track, not just for next year, but for many years to come. thank you very much, everybody. [ applause ] cheryl: president obama
if we get this wrong, the economy will go south. it will be much more difficult for us to balance our budget and deal with our deficits because if the economy is not strong, that means more money is going out and things like unemployment insurance and less money is coming in. it makes our deficit worse. we really need to get this right. i can only do it with the help of the american people. tweet my 2k or e-mail, post it on a member of congress' facebook wall. do what it takes to communicate a...
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Nov 29, 2012
11/12
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CNBC
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this gives you an idea of whether we're seeing real follow through in the economy. overall, i don't think you go steam rolling into this. this is what the housing market is telling you. >> all right. let's hit pops and drops. we kick it off with a pop. >> you know i like realogy. more to come. >> freeport mac was a pop today. >> part of this is speck. part of it is real. copper is going to be a deficit, at least if you listen to what the chinese supplies are telling you. freeport at 3960 has a lot of resistance. you're just about there. >> barnes & noble was a drop today, a big one. 11%. >> i'll refrain from the jokes, although there are many. we've cautioned against this one, although it has had a nice bounce. the quarter was lousy. there was news around 3:00 that might have been construed at bullish. i think it goes lower. >> why refrain from them? >> usually you jump right into them. >> this is a nice time of year to go to barnes & noble. hang out for seven or eight hours. >> read. >> put your name tag on in case you forget who you are. it's all good. >> all righ
this gives you an idea of whether we're seeing real follow through in the economy. overall, i don't think you go steam rolling into this. this is what the housing market is telling you. >> all right. let's hit pops and drops. we kick it off with a pop. >> you know i like realogy. more to come. >> freeport mac was a pop today. >> part of this is speck. part of it is real. copper is going to be a deficit, at least if you listen to what the chinese supplies are telling you....
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Dec 1, 2012
12/12
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CSPAN2
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so the economy gets better. more comprehensive idea and. fha and 61, but tries accordingly -- [inaudible] down payments, bones are sustainable. so once we go back to normal times, whenever that is, we have the conversation. >> this debate has gone on since i was commissioner when we first went below 2% reserve dates. i've heard debates -- [inaudible] i've heard the debate over 3.5 to five. at the end of the day, is that the measure itself measure the greater risk controls for the fha as opposed to having just a good credit banishment protocol that requires underwriting standards that are going to provide sustainability. you can eliminate risk in its entirety. you can require 20% down payment, psycho at 740 and variables that ultimately ensure you have no risk. fha is a unique program. it has an extremely high premiums applied to every single mortgage that can support and this is a terrible way of putting it, but mathematically can support mid to high teens to literacy rates. when you go through an experiment, built on a housing bubble is qu
so the economy gets better. more comprehensive idea and. fha and 61, but tries accordingly -- [inaudible] down payments, bones are sustainable. so once we go back to normal times, whenever that is, we have the conversation. >> this debate has gone on since i was commissioner when we first went below 2% reserve dates. i've heard debates -- [inaudible] i've heard the debate over 3.5 to five. at the end of the day, is that the measure itself measure the greater risk controls for the fha as...
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Nov 28, 2012
11/12
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not because it's good for the economy. he has a totally noneconomic reason for it and he's serious, we'll tell you what it is next. >> new at 10, warren buffett who has been begging the government to raise taxes on rich people like himself, well, instead of writing a check, he says, we should tax the rich because it will, quote, raise thh morale in the middle glass. he's serious. and all raising taxes on the wealthy may do, the big story of the day, president obama's campaign, holding more meetings on the fiscal cliff instead of real talks with politicians who have to decide this thing. and going on the road and selling the campaign harry reid says no cuts, democrats have cut spending and entitlements already. >> remember, we've already done more and billion dollars worth of cuts and we've already done that and we need to get credit for at that and these negotiations that take place. >> and the president's position, no more cuts, we're talking about it all with this company. sandra smith is here, and charles payne and as a
not because it's good for the economy. he has a totally noneconomic reason for it and he's serious, we'll tell you what it is next. >> new at 10, warren buffett who has been begging the government to raise taxes on rich people like himself, well, instead of writing a check, he says, we should tax the rich because it will, quote, raise thh morale in the middle glass. he's serious. and all raising taxes on the wealthy may do, the big story of the day, president obama's campaign, holding...
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Dec 5, 2012
12/12
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he's argued this based on economis economists. it's not nonsense, an illness. >> first of all, going back to my core argument, the idea if you're grg toç take $89 billioa year and reduce the deficit, it's laughable in its face. the president is calling for more spending with his new stimulus. number two. point number two, the democrats have shown nothing by way of spending cuts. julian talks about there's $1.6 trillion. only in washington, d.c. can you say we're winding down the war but we're going to count that as savings. baseline spending doesn't make any sense. the president of the united states -- >> if we -- >> julian, hang on one second. the president of the united states should call the congressional leadership up to camp david, go up there and they should get in a room and they should sit there until they hammer out a deal. >> i agree with that. >> julian, go ahead. >> there are three big points the viewers need to understand and they need to take note that ron did not respond to. first, on the economists. the economist
he's argued this based on economis economists. it's not nonsense, an illness. >> first of all, going back to my core argument, the idea if you're grg toç take $89 billioa year and reduce the deficit, it's laughable in its face. the president is calling for more spending with his new stimulus. number two. point number two, the democrats have shown nothing by way of spending cuts. julian talks about there's $1.6 trillion. only in washington, d.c. can you say we're winding down the war but...
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Dec 4, 2012
12/12
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CNNW
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as this goes on, the american economy stalls, wall street's nervous, the consumers that should be out there now buying lots of christmas presents and boosting the economy will be reticent because they'll be thinking hang on, what's going to happen come the end of the year, am i suddenly going to have to find more money. everything starts to once again get paralyzed and somebody's got to give here. now, are the republicans prepared to go over this cliff on the pure point of refusing to allow increased income tax on the richest 2% of the country? and if so, why? it's such a small thing to fall over a cliff over, isn't it? who cares if the super rich pay a little bit more tax? they don't care. it's not going to affect their ability to invest. >> well, piers, you've just outlined the president's narrative and robert gave you the president's sense of entitlement and mandate that he thinks he has. but let's go back four years when the president was polling not at 52% but at 70% after just being elected, beating a war hero, and he thought he could do anything and he -- the country would go a
as this goes on, the american economy stalls, wall street's nervous, the consumers that should be out there now buying lots of christmas presents and boosting the economy will be reticent because they'll be thinking hang on, what's going to happen come the end of the year, am i suddenly going to have to find more money. everything starts to once again get paralyzed and somebody's got to give here. now, are the republicans prepared to go over this cliff on the pure point of refusing to allow...
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Dec 1, 2012
12/12
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it is a product he comes out with is good, if it is fair and just, and moves the countries economy, and starts declining the deficit then it's good. and the process will have worked. if it isn't, then we can revisit the process and say the process was flawed. >> the process getting there is the hard part. we could all in our heads draw up a deal but he has had people over the last couple of weeks, republicans taking risk. boehner took a risk, tom cole took a risk and he undercut them. he made them look stupid with what he did yesterday. they feel furious, they feel burned so you have to help your people along. you have to make it more possible. and so that's why i think you just got to what he offered was not only a balanced deal that would be fine if he offered something balance, he offered something even worse from the republican point of view than what he had offered a couple years ago. so he started with drawing things off the tab and it seemed like chest beats. >> we just went through an election, david. the republicans are the ones who are for medicare kurkts they really are. so w
it is a product he comes out with is good, if it is fair and just, and moves the countries economy, and starts declining the deficit then it's good. and the process will have worked. if it isn't, then we can revisit the process and say the process was flawed. >> the process getting there is the hard part. we could all in our heads draw up a deal but he has had people over the last couple of weeks, republicans taking risk. boehner took a risk, tom cole took a risk and he undercut them. he...
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Nov 28, 2012
11/12
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new home sales fell by .3 of a percentage point but housing overall has been a bright spot in the economy in recent weeks. today's dip did not bother wall street. the dow gained 107. s&p 500 up 11. nasdaq finished ahead 24. argentina may look at another big default. the fitch credit rating agency downgraded argentina five notches. the country also defaulted in 2002. meantime, the european commission has approved a plan to rescue spain's banks. it will force the closing of half their branchs. plus the elimination of thousands of jobs. greece's finance minister says a bond buy-back program must work in order to reduce the country's huge debt. failure to communicate and you are paying for it. that is later in the grapevine. up next, is the u.n. ambassador going job hunting? [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15entrees under $15, seafood, chicken and more! oothe tilapiawith roastedegetab! i'm actually looking at the wo grilled chicken w
new home sales fell by .3 of a percentage point but housing overall has been a bright spot in the economy in recent weeks. today's dip did not bother wall street. the dow gained 107. s&p 500 up 11. nasdaq finished ahead 24. argentina may look at another big default. the fitch credit rating agency downgraded argentina five notches. the country also defaulted in 2002. meantime, the european commission has approved a plan to rescue spain's banks. it will force the closing of half their...